Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.7% |
| 2 | Consumer Discretionary | 0.84% |
| 3 | Communication Services | 0.67% |
| 4 | Financials | 0.66% |
| 5 | Healthcare | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
7901
PUT
Grindr
GRND
$2.78B
| $739K | ﹤0.01% |
54,600
+24,300
| +80% | +$330K |
|
7902
Disc Medicine
IRON
$3.03B
| $739K | ﹤0.01% |
9,309
-23,308
| -71% | -$1.97M |
|
7903
PUT
Bloomin' Brands
BLMN
$903M
| $739K | ﹤0.01% |
119,800
+39,800
| +50% | +$277K |
|
7904
PUT
Velocity Financial
VEL
$717M
| $739K | ﹤0.01% |
35,600
+20,700
| +139% | +$389K |
|
7905
Choice Hotels
CHH
$4.7B
| $739K | ﹤0.01% |
7,758
-4,122
| -35% | -$392K |
|
|
INEQ
7906
Columbia International Equity Income ETF
INEQ
$104M
| $739K | ﹤0.01% |
19,828
-10,000
| -34% | -$381K |
|
|
GTLS
7907
DELISTED
Chart Industries
GTLS
| $739K | ﹤0.01% |
3,582
-12,172
| -77% | -$2.47M |
|
7908
Pacer Trendpilot Fund of Funds ETF
TRND
$64.3M
| $738K | ﹤0.01% |
21,938
+6,484
| +42% | +$221K |
|
7909
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $738K | ﹤0.01% |
12,453
-17,339
| -58% | -$1.02M |
|
7910
First Trust IPOX Europe Equity Opportunities ETF
FPXE
$5.15M
| $738K | ﹤0.01% |
23,477
+4,142
| +21% | +$129K |
|
7911
PUT
Kopin
KOPN
$1.02B
| $737K | ﹤0.01% |
315,100
-172,400
| -35% | -$498K |
|
7912
PUT
Delek Logistics
DKL
$2.87B
| $736K | ﹤0.01% |
16,500
-58,200
| -78% | -$2.61M |
|
7913
Global X NASDAQ 100 Risk Managed Income ETF
QRMI
$14.6M
| $736K | ﹤0.01% |
45,959
+18,207
| +66% | +$291K |
|
7914
CALL
Flotek Industries
FTK
$1.3B
| $736K | ﹤0.01% |
42,700
-9,700
| -19% | -$154K |
|
|
GDXY
7915
YieldMax Gold Miners Option Income Strategy ETF
GDXY
$237M
| $735K | ﹤0.01% |
45,907
+10,190
| +29% | +$166K |
|
7916
ChargePoint
CHPT
$160M
| $735K | ﹤0.01% |
110,652
+90,018
| +436% | +$851K |
|
7917
Cornerstone Strategic Value Fund
CLM
$2.19B
| $735K | ﹤0.01% |
87,877
+47,915
| +120% | +$396K |
|
7918
Bitwise Ethereum Strategy
AETH
$4.47M
| $735K | ﹤0.01% |
+20,322
| New | +$823K |
|
7919
iShares Core Dividend ETF
DIVB
$1.8B
| $734K | ﹤0.01% |
13,819
-6,527
| -32% | -$342K |
|
7920
FT Vest US Equity Moderate Buffer ETF November
GNOV
$300M
| $734K | ﹤0.01% |
+18,490
| New | +$718K |
|
7921
PUT
Energizer
ENR
$1.56B
| $734K | ﹤0.01% |
36,900
+1,200
| +3% | +$26.2K |
|
|
AGEN
7922
Agenus
AGEN
$329M
| $734K | ﹤0.01% |
233,674
+42,720
| +22% | +$170K |
|
7923
BlackRock MuniYield Quality Fund
MQY
$812M
| $734K | ﹤0.01% |
+64,927
| New | +$745K |
|
7924
PUT
Fresenius Medical Care
FMS
$12.7B
| $734K | ﹤0.01% |
+30,800
| New | +$766K |
|
|
MAXN
7925
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $733K | ﹤0.01% |
266,700
| – | – |
|
Similar funds
Susquehanna International Group's Q4 2025 Portfolio in Review
As of Q4 2025, Susquehanna International Group held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Susquehanna International Group's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Susquehanna International Group's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Susquehanna International Group fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Susquehanna International Group's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Susquehanna International Group opened 1,864 new positions and closed 1,914 in Q4 2025.
- Susquehanna International Group's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.